Early Warning Report and Press Release Filed Under National Instrument 62-103
07 Junho 2013 - 8:52PM
Marketwired Canada
(a) Name and address of the offerors.
Paradigm Capital Partners Limited ("PCPL")
95 Wellington Street West
Suite 2101
PO Box 55
Toronto, Ontario
M5J 2N7
Paradigm Capital Inc. ("PCI")
95 Wellington Street West
Suite 2101
PO Box 55
Toronto, Ontario
M5J 2N7
(b) The designation and number or principal amount of securities and the
offerors' securityholding percentage in the class of securities of
which the offeror acquired ownership or control in the transaction or
occurrence giving rise to the obligation to file the news release, and
whether it was ownership or control that was acquired in those
circumstances.
On November 27, 2012 PCPL acquired ownership and control of common
shares (the "Shares") of Enablence Technologies Inc. (the "Issuer") in
a private placement such that its aggregate holdings represented 10%
or more of the issued and outstanding Shares of the Issuer.
Following such acquisition, and after giving effect to a 1-for-20
share consolidation of the common shares of the Issuer effective
December 6, 2012, PCPL maintained ownership and control over 4,185,815
Shares of the Issuer (the "PCPL Shares"), representing approximately
12.53% of the issued and outstanding Shares of the Issuer.
Since December 11, 2012, PCI, an affiliate of PCPL, has acquired
ownership and control over an additional 2,121,000 Shares in market
transactions (the "PCI Shares"), such that PCPL's and PCI's aggregate
holdings, after giving effect to other issuances of Shares during this
timeframe, currently represent approximately 11.79% of the issued and
outstanding Shares of the Issuer.
(c) The designation and number or principal amount of securities and the
offerors' securityholding percentage in the class of securities
immediately after the transaction or occurrence giving rise to the
obligation to file a news release.
After giving effect to the acquisitions noted in item (b) above, PCPL
and PCI own and control an aggregate of 6,306,815 Shares, representing
approximately 11.79% of the issued and outstanding Shares as at June
7, 2013.
(d) The designation and number or principal amount of securities and the
percentage of outstanding securities of the class of securities
referred to in paragraph (c) over which:
(i) the offerors, either alone or together with joint actors, has
ownership and control,
Paradigm Capital Partners Limited 4,185,815 7.84%
Paradigm Capital Inc. 2,121,000 3.95%
(ii) the offerors, either alone or together with joint actors, has
ownership but control is held by other persons or companies other than
the offeror or any joint actor, or
N/A
(iii) the offerors, either alone or together with joint actors, has
exclusive or shared control but does not have ownership.
N/A
(e) The name of the market in which the transaction or occurrence that
gave rise to the news release took place.
PCPL acquired Shares of the Issuer in connection with a non-brokered
private placement which closed on November 27, 2012.
PCI acquired the PCI Shares in the course of market activity conducted
on the TSX Venture Exchange.
(e.1) The value, in Canadian dollars, of any consideration offered per
security if the offerors acquired ownership of a security in the
transaction or occurrence giving rise to the obligation to file a news
release.
The Shares of the Issuer which PCPL acquired on November 27, 2012 were
at a cost of approximately $0.0165 per share (on a pre-consolidation
basis).
The PCI Shares were acquired at prevailing Share prices on the TSX
Venture Exchange.
(f) The purpose of the offerors and any joint actors in effecting the
transaction or occurrence that gave rise to the news release,
including any future intention to acquire ownership of, or control
over, additional securities of the reporting issuer.
PCPL acquired the PCPL Shares as passive investments and not for the
purpose of influencing the control or direction of the Issuer. PCI
acquired the PCI Shares in the course of market activity, including
providing liquidity for the Issuer, and not for the purpose of
influencing the control or direction of the Issuer.
PCI intends to continue engaging in market activity in its capacity as
a registered investment dealer. As such, PCI may acquire ownership and
control of additional Shares. PCPL and PCI may in the future acquire
or dispose of securities of the Issuer, through the market, privately
or otherwise, as circumstances or market conditions warrant.
(g) The general nature and the material terms of any agreement, other than
lending arrangements, with respect to securities of the reporting
issuer entered into by the offeror, or any joint actor, and the issuer
of the securities or any other entity in connection with the
transaction or occurrence giving rise to the news release, including
agreements with respect to the acquisition, holding, disposition or
voting of any securities.
N/A
(h) The names of any joint actors in connection with the disclosure
required by this form.
N/A
(i) In the case of a transaction or occurrence that did not take place on
a stock exchange or other market that represents a published market
for the securities, including an issuance from treasury, the nature
and value in Canadian dollars of the consideration paid by the
offeror.
On November 27, 2012, PCPL purchased 63,519,801 Shares of the Issuer
(on a pre-consolidated basis) for an aggregate cash purchase price of
$1,049,000.
(j) If applicable, a description of any change in any material fact set
out in a previous report by the entity under the early warning
requirements or Part 4 of National Instrument 62-103 in respect of the
reporting issuer's securities.
N/A
(k) If applicable, a description of the exemption from securities
legislation being relied on by the offeror and the facts supporting
that reliance.
N/A
DATED June 7, 2013.
FOR FURTHER INFORMATION PLEASE CONTACT:
Paradigm Capital Inc.
416.361.9892
Perlite Canada Inc. (TSXV:PCI)
Gráfico Histórico do Ativo
De Ago 2024 até Set 2024
Perlite Canada Inc. (TSXV:PCI)
Gráfico Histórico do Ativo
De Set 2023 até Set 2024